On the Market A Real Estate Section
In This Section By the Numbers: A Looks at November’s Market Highlights page 61 6 Hot Spots In Your House Where Critters And Creepy-Crawlies Would Love To Spend The Winter page 66
Neighborhood Spotlight Nine Mile Road Page 62 5 Steps for a Home Remodel page 70 Top Trends for the 2018 Housing Market Identified page 77
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Pensacolaopera.com
Madama
butterfly January 26 & 28, 2018
on sale now!
850.433.6737
BY The NUMBERS
a look at November’s Market Highlights $180K
Median Sale Price
90 Avg. Days on Market
690
Monthly Sales
2000
Quarterly Sales
Market Highlights November sales were up six percent compared to the same month last year.
Information courtesy of Pensacola Association of Realtors
Median sales price for November remained above the $180,000 mark.
November DOM bumped up nearly two weeks compared to October, but was still three weeks less than last November Pensacola Magazine
61
NEIGHBORHOOD SPOTLIGHT nine mile road by tanner yea While the core of Pensacola is still growing in population, there is not much room for it to physically expand downtown, East Hill and Belmont-DeVilliers only extend so far and have their limits. However, the north end of the area 62continues to grow exponentially, adding new housing, and commercial developments at a quick pace. That’s why we are shining our Neighborhood Spotlight on the areas around Nine Mile Road. Transforming from just a stretch of highway to one of the most quickly developing areas of the city, now is the time to get in on the ground floor of one of the next big residential and commercial booms in Pensacola. History of the Neighborhood Nine Mile Road does not have as much of a rich history as more southern parts of the city. It is a segment of US Route 90 Alternate and State Road 10 – its name coming from its approximate distance from Garden Street. Recently, however, the stretch of road has exploded due to rapid development – mainly in conjunction with Navy Federal Credit Union becoming a growing source of employment for the area. Recently, 68 Ventures bought over 174 acres in the Beulah area with intentions to build single unit and multi-unit housing, as well as commercial buildings. In addition to this, the Florida Department of Transportation is expanding West Nine Mile Road into four lanes. With roughly 1,000 residential lots under construction, this area is exploding massively. Properties and Prices Nine Mile Road isn’t really a concentrated neighborhood, but a sprawl of communities that includes places like Ensley, Cantonment and Beulah. The most well known area of the stretch is the corridor that surrounds Navy Federal Credit Union, which has seen significant growth. According to Trulia, the average price around this area is around $200k, but this is only on the north side of Nine Mile Road. In the same area, on the southern side of the road, the price drops to an average $139k. As you go west on Nine Mile, that latter price is much more indicative of what you can expect to find. Many of the
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properties are fairly new, built in the 90s or 2000s and still well maintained – many are traditional ranch-style homes. Most homes have roughly 1,500 square feet but can range upward to 3,000, though multi-story buildings are a rarity. Many homes have three beds and two baths, with slight variation up and down. Due to Nine Mile’s proximity to the University of West Florida, there are quite a few rental properties as well – obviously mostly aimed at students. Dedicated apartment buildings usually run around $900 for a single bedroom, but rental houses can easily be split up with around $400 to $500 per bedroom with roommates. These prices generally stay consistent the more west you go. The further east you go on Nine Mile Road, the younger the population gets. Many on the west end of the area are married couples in their 40s and 50s, while the area around Navy Federal Credit Union and UWF sees a majority of single people and a larger range of ages – from 20s to retirements age. Though the communities off of Nine Mile Road are generally quiet and safe, the street itself is very busy and the commute can be slow. Utilities are the standard for Pensacola, with Gulf Power for electricity, ECUA for water and garbage, and AT&T, Cox or DirecTV for internet/cable. Local Attractions Probably the most notable school near Nine Mile Road is the University of West Florida. UWF is constantly growing, and now with a high-ranked
Division II football team, it will only get bigger. There are also several public schools that cover the area, including Ferry Pass Elementary and Middle School, Ensley Elementary, Woodham Middle and Escambia Westgate Center. For groceries, there is a wide selection to choose from. Publix, Winn-Dixie and Wal-Mart are all within close proximity of each other. Ever’man Cooperative Grocery & Café is also currently in the process of building a second location on Nine Mile Road. Restaurants are also plentiful – in addition to popular chains like McDonald’s, Sonic and Jersey Mike’s, there are local restaurants and cafes like Carmelina’s Café, Goat Lips Chew and Brew, and the famous El Asador taco stand. There are also a few places to unwind, all for different tastes. On the more refined end, Scenic Hills Country Club offers golf all year round, while the more casual may be interested in a game or two at DeLuna Lanes. For nightlife, Corner Pocket Billiards, Beef O’ Brady’s, and Red Baron Lounge and Package Store offer drinks and good times. Shopping is also plentiful, and while there are some major chains like Kohl’s and Target, there are also smaller mom-andpop stores like Bobe’s Hobby House and Ollie’s Bargain Outlet. Summary Along its entire length, Nine Mile Road is turning into a bustling, high activity area – almost a second downtown. Job opportunities, new residential and commercial construction and UWF’s growth all combine to show how the communities along this strip of road are paving the way towards Pensacola’s future. For more information on Nine Mile Road and the surrounding areas, speak to your realtor on how to hit the ground running on this exciting opportunity.
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One World, Many Voices
From toys to tinsel and snowflakes to Santa, the Pensacola Children’s Chorus knows how to celebrate the season. Your family won’t want to miss Christmas on the Coast, where we’ll transform sunny weather into a winter wonderland. You’ll experience all the sights and sounds of the holidays that will have you humming through the New Year! December 8, 9 & 10, 2017
A Celebration of Diversity Through Song
One World, Many Voices is a celebration of music’s rich cultures and how we can achieve oneness through song. Guest conductor and renowned composer Andrea Ramsey will take the podium to bring her own style and flavor to our eclectic program. Join us as we bring a global message to our small town home.
Show�ime Do you like Broadway? Get your ticket. Country, rock, or even disco? Then Showtime is right for you! Join us for a celebration from music across all genres, featuring our amazingly talented PCC singers. From lights to sound and costumes to choreography, you’ll leave dazed and amazed. Don’t miss this musical extravaganza!
February 18, 2018
May 4, 5, & 6, 2018
TICKETS ON SALE TO THE GENER AL PUBLIC BEGINNING: October 25, 2017 January 16, 2018 March 21, 2018 WWW.PENSACOL ACHILDRENSCHORUS.COM
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UpsideRealtyFl.com Clayton Henderson Realtor
850.565.0529
Claytonsellspensacola@gmail.com
5125 Pine Hollow Dr, Pensacola, FL 32505 • 4 Bedroom • 2 Full Baths, 2 Half Baths • New Construction!
Upside Realty LLC • 913 Gulf Breeze Pkwy. Suite 18 Gulf Breeze, FL 32561
We want your business! Small Enough to Listen, Big Enough to Deliver. Call today to learn all that we can offer you! Vacation Rental and Long-term Management Services
Emerald Coast Rentals
64 Pensacola Magazine
913 Gulf Breeze Pkwy Suite 18, Gulf Breeze, FL 32561 P 850.343.2255 | F 850.343.7368 www.pensacola-property.com
HAppy NEW yEAR fROM THE KATHy BATTERTON TEAM!
MLS# 527625 5196 Rowe Trail www.WoodbineSpringsHome.com 2536sf $285,000 2-STORy pOOL PACE SCHOOLS
MLS# 524123 3135 Bobby Jones Dr www.MyStonebrookHome.com 3269sf $369,000 GOLf COURSE CORNER LOT
MLS# 527605 W Cambridge Way UNDER CONSTRUCTION 2440sf $299,811 NEW CUSTOM HOME READY MAY 2018
MLS# 522502 3033 Greystone Dr www.StonebrookGolfCourseHome.com 3605sf $455,000 GOLf COURSE GREAT VIEWS
MLS# 526842 5759 Highland Lake Dr www.TheMoorsCustomHome.com 2679sf $365,000 MOORS LAKE fRONT EASY I10 ACCESS
MLS# 525319 4344 Winners Gate Ci www.WinnersGaitHome.com 2328sf $235,000 MOVE-IN READy fULL Of UpDATES
MLS# 527608 5871 Dun Barton Ct MOVE-IN READY 2850sf $359,900 NEW CUSTOM HOME PACE SCHOOLS
MLS# 516457 7201 Bayshore Dr www.MiltonWaterfront.com 4446sf $675,000 2 WATERfRONT LOTS GORGEOUS pROpERTy
MLS# 520622 5035 Saints Ln www.MyMiltonfLHome.com 1820sf $152,000 CUTE HOME IN MILTON WITH BONUS ROOM
MLS# 520737 399 Creary St www.CharmingpensacolaHome.com 2457sf $595,000 NEWER WATERfRONT CLOSE TO NAVy BASE
MLS# 522805 5015 Brookside Dr www.paceBrentwoodHome.com 2269sf $235,000 pOOL HOME IN PACE
MLS# 505124 5941 Berryhill Rd COMMERCIAL BUILDING 13,860sf $645,000 STRIp MALL ACROSS FROM MEDICAL CENTER
The Kathy Batterton Team SOLD Over $25 million in 2017! MLS# 528423 7063 Oak St www.SantaRosaWaterfront.com 5710sf $475,000 WATERfRONT W/BOAT DOCK/LIfT
MLS# 517314 3693 Mackey Cove Dr www.pensacolaWaterfrontHome.com 3512sf $565,000 REMODELED BAyfRONT BEAUTy
TEAMWORK MAKES THE DREAM WORK!
Kathy Batterton
LIFETIME ACHIEVEMENT #16 for REMAX FLORIDA 2016 cell: 850-377-7735 | office: 850-995-0030 ext 33
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On the Market
6 hot spots in your house where critters and creepy-crawlies would love to spend the winter When temperatures cool, critters that were perfectly happy outdoors begin looking for somewhere warm to spend the winter. They may decide your house is the perfect location unless you take steps to keep them out. You can prepare by learning what’s trying to get into your house and where they would most like to hang out once inside. The National Pest Management Association offers some information on the most common household pests that can show up in the winter: 1) Showering with a cockroach: Arguably the pest that creeps people out the most, cockroaches just love the water, so your bathroom could be their winter playground. To keep cockroaches out, eliminate leaks and standing water in the bathroom. Wash the shower curtain and liner, clean out the medicine cabinet, and check under the sink and around the tub and toilet to ensure there’s no moisture from leaky pipes or faucets. Remember, despite the urban legend about roaches surviving a nuclear holocaust, they can only live a week without water! 2) Rodents in the attic: Dusty, stuffy, hot in summer and cold in winter, the attic may not be your favorite place to hang out, but rodents like rats, mice and squirrels would just love to spend the winter in yours! Once rodents are inside, they can cause serious and costly property damage by chewing through walls and baseboards. In fact, the NPMA estimates rodents cause up to 25 percent of house fires every year by gnawing on
66 Pensacola Magazine
electrical wires. To prevent a rodent infestation, secure everything you store in the attic (or basement) in sealed plastic containers rather than cardboard boxes, which are a favorite nesting spot. Keep the attic dry and well-ventilated. You can run a dehumidifier and install gutters and proper venting to keep moisture away from the attic and basement. 3) Party in the basement: Rodents also like basements, but they’re far from the only pests who will take up residence there. Spiders and a slew of other pests are happy to make their home in the dark corners and clutter that provide them plenty of places to hide. Deprive pests of their habitat by eliminating as much of the clutter in your basement as possible. Use plastic bins with secure lids for storage, rather than cardboard boxes. Pests can enter through cracks and crevices in walls and floors, so use a silicone-based caulk to seal fissures. Mice can fit through an opening the size of a dime, and other small insects need only a paperthin crack to gain entry. 4) Ants in the kitchen: With a ready supply of food and water, your kitchen can be paradise for pests like ants. No one’s favorite picnic guests, ants are just as pesky in your kitchen where they enter through cracks and holes. To discourage ants, seal cracks or holes where pests might enter, particularly around stove and water pipes. Eliminate all moisture sites, including leaking pipes and clogged drains. Clean up crumbs, spills and stickiness on counters, tables and floors right away and never leave overripe fruit sitting out on the countertop.
5) Pests in the pantry: Other pests like your kitchen area, too, and your pantry is especially awesome to them. Most pantry pests such as beetles and Indian meal moths hitch a ride into your home in paper grocery bags, cardboard or plastic bags. The next time you grocery shop, inspect packaging before you put an item in your shopping cart. If the package is opened or shows the smallest sign of damage, don’t buy it. To ensure your pantry and cabinets are pest-free, periodically remove everything and toss out anything stale, old or expired. Stale spices and outdated flour can attract pantry pests. Wipe down the inside of cabinets and pantry shelves, and install fresh shelf paper. Store opened dry goods in plastic or glass containers that seal tightly. 6) Bugs in the bedroom: Bed bugs rival cockroaches for ick factor. Bed bugs enter your home through secondhand furniture, especially mattresses and box springs, or by hitching a ride on your luggage when you return home from a trip. Before bringing any secondhand furniture home, have a pest control professional inspect it for signs of bed bugs. After traveling, inspect suitcases outdoors before bringing them inside. Vacuum luggage before storing it or use a garment hand-steamer to help kill any bugs or eggs. Wash and dry all travel clothing, even items you didn’t wear, on hot settings. Store clothes that must be dry cleaned in sealed plastic bags until you can get them to the cleaners. Bed bugs are one pest you won’t be able to get rid of on your own, so if an infestation occurs despite your best efforts, find a qualified pest control professional at www. pestworld.org.
17 w. Cedar street | suite 2 pensacola, Fl, 32502 phone: 850.434.2244 fax: 850.434.8081 www.BHHspenFed.com
Knowledge opens doors
Cantonment
3124 Pine Forest Road $374,947 | MLS# 524570
Cantonment
559 Tillage Drive $449,000 | MLS# 527918
Beautiful home with large front porch, detached 2 car oversized garage. This home has real hardwood floors in main living, dining, master bedroom, stairs and game room. Kitchen has brick paver for floor and consists of tons of cabinets, gas range and breakfast bar and nook. Formal dining room off kitchen. downstairs ceiling heights are 10 ft. with foyer being 25 ft. Fireplace in living room is gas. Master bath has separate tile shower and garden tub and walk in closet.
new ConsTrUCTIon Completed Custom, gorgeous and perfectly designed dream home features a traditional design with a contemporary feel. Tall 13 foot ceilings in the living areas and the Master, 9 feet in the additional bedrooms.The kitchen includes natural gas stove, custom cabinetry with soft close doors and drawers, granite counter-tops and large island overlooking the living area. All kitchen appliances are top of the line stainless steel. This home is 5 bedroom/4 bath.
Jennifer Cobb • 850-602-7682 • jennifer.cobb@penfedrealty.com
Randall Graves • 850-516-6763 • randallsellspensacola@gmail.com
Pensacola
5112 Pine Hollow Drive $499,999 | MLS# 521189
Pensacola Beach
4 Portofino Drive $469,000 | MLS# 517340
This custom built home features 5 bedroom, 4 bathrooms, two kitchens, a pool, in-law suite and more! Living room features a two sided fireplace, built in bookshelves and French doors leading out to the pool area. Main kitchen features 6 burner gas stove with vented hood and double ovens. Main master suite features a sitting area that leads out to the pool, surround sound, Jacuzzi tub, walk in shower, separate vanities and jack and jill closets. Attached in law suite has it’s own entrance.
Seventh floor “Heaven” Unit 702 is here to soothe your soul. Relax on your Balcony overlooking the beauty of the Intracoastal waterway. Tastefully appointed living & dining area with Beautiful Tropical Aquarium. Kitchen features Jewel Tone Back splash Tiled walls, Black granite Counters and Top of the line Appliances. Balcony has outdoor electric grill and Built In Table. Portofino Resort offers Water Sport Entertainment, Tennis, Exercise rooms, dining, gulf of Mexico Beach Frontage, and so much more!
Lauren Schneider • 850.516.1993 • 850realestate@gmail.com
Pensacola Magazine 67 Linda Turner • 850.324.4235 • linda.turner@penfedrealty.com
In today's real estate market it is easy to make bad decisions. Having a Seasoned Professional matters! If you Know me YOU know I am... EARNEST HONEST HARD WORKING GET RESULTS HAVE SATISFIED CLIENTS & AS A NATIVE, I KNOW THE MARKET
Bill Chavis, SRES 850-501-0771 Bill@EastHillBill.com www.EastHillBill.com
1335 Creighton Rd., Pensacola, Florida 32504 850.476.6000 Each Office Independently Owned & Operated
850-516-8185
Thank You for Your Support in 2017!
OVER $26 MILLION SOLD!
Now Building Huntington Creek Just West of the Equestrian Center
Free Design Service Build on our lot or yours! Parade Winner 2013, 2014, 2015, 2016, 2017 Builder of Dream Home 2015 Builder Of The Year 2015
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The Outstanding Home Award Winner for 2017!
T: (850) 944-6805 • E: chopllc@yahoo.com • classichomesofpensacola.com
Sydnee Johnson Going above and beyond to find your next home. SYDNEE JOHNSON Realtor 22A Via DeLuna Pensacola Beach, FL 32561 sydneejohnson.cbintouch.com (850) 712-6772 Cell sydnee.johnson@floridamoves.com Follow me on
©2017 DBA. All Rights Reserved. DBA fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
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On the Market
5 Steps for a Home Remodel As a homeowner, there is nearly always a laundry list of projects with time and budget constraints when it comes to a home remodel. This step-by-step guide from the experts at the National Association of the Remodeling Industry (NARI) can help ensure you get the maximum return on your investment and make the most of your remodel. Step 1 – Identify Reasons for Remodeling Deciding whether to undertake simple aesthetic changes or a full remodel can be difficult. One of the best ways to decide is to figure out why you are remodeling in the first place, whether it’s to make your new house feel more like home or to update a 1950s-era kitchen. Step 2 – Set Your Budget Every home is unique in structure, age, quality and craftsmanship, which all impact the price of a remodel. Since no one can see through walls before demolition, the quote you receive will likely not be 100 percent accurate. However, a qualified remodeling company will be open and honest about the issues and challenges it might face during the process. Account for these adjustments by planning for any “surprises” with a 10 percent cushion, just in case.
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Don’t be afraid to ask questions. Let them know your family’s schedule and whether you have pets confined somewhere. Make sure to specify the best way to reach you, such as phone, in-person or e-mail, and how often you wish to communicate with your remodeling contractor about your project.
Step 3 – Hire the Right Team To help ensure you find the right company for the job, you should do your research. Referrals from friends and family are one way to find a remodeler. National associations like NARI provide unbiased information and resources that can help you find qualified, certified remodelers in your area. With more than 6,000 members, the organization represents professional remodelers who adhere to a strict code of ethics. Many hold certifications in remodeling, kitchen and bath design and lead carpentry. Find more information and resources at NARI.org.
Step 5 – Complete the Project While the dust is settling and the remodel is almost finished, take a moment to walk through your project and note any adjustments that need to be made while the contractor is still on site. Contractors often provide guarantees of workmanship, so find out what they cover and for how long then include this information in your work agreement. You should also take another look at the contract and confirm you have signed permits, receipts, change orders, lien waivers, warranties and manufacturers’ guides at your disposal.
Step 4 – Understand the Plan Communication is key in a successful remodeling project. Keep the lines of communication open between you, the remodeling contractor and the work crew.
Remodeling a space can be a major project, but with the right help, resources and information, you can make your dream home come to fruition.
THE GUTHRIE TEAM
$170,000
$260,000
5582 Esperanto Drive
9714 Hollowbrook Drive
Steve (850)450.4639 Annie (850)748.6659 MyHome@TheGuthrieTeam.com www.TheGuthrieTeam.com
$185,000
$260,000
10000 Huntsman Path
3115 Windermere Drive
1313 Creighton Road Pensacola, FL 32504 Office (850)912.4123 | Fax (850)912.6919
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I
Living in East Hill! “I am passionate about sharing the East Hill Lifestyle and real estate opportunities throughout the Pensacola area. My goal is to meet your needs and exceed your expectations” –Pam Smith
Established in 1962
Sharon Jones
REALTOR® Coastal Realty Experts Phone: (850) 341-9216 Fax: (866) 855-4557
Residential Real Estate “There’s no place like home.”
Rascal is the best dog in Bayview Park!
Pamela L. Smith, Realtor
CRS, PMN, e-Pro | (850) 516-7809 www.pamlsmith.com | pamlsmith1@aol.com Real Estate Counselors, Inc.
sharonwithcoastal@yahoo.com www.coastalrealtyexperts.com
FROM SUPREME LENDING PENSACOLA
850.483.0910
www.MortgageLenderPensacola.com 24 N. Tarragona Street | Pensacola, FL 32502 EVERETT FINANCIAL, INC. D/B/A SUPREME LENDING NMLS ID #2129 (www.nmlsconsumeraccess.org) 14801 Quorum Dr., #300, Dallas, TX 75254. 877-350-5225. © 2017. This is not an offer to enter into an agreement. Information, rates, & programs are subject to change without prior notice and may not be available in all states. All products are subject to credit & property approval. Supreme Lending is not affiliated with any government agency. Intended for Florida consumers, Florida Mortgage Lender Servicer License MLD909.
EQUAL HOUSING
OPPORTUNITY
Pensacola Magazine
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a D.R. Horton Company
Santa Rosa Villas
Villa Sabine
The Belize 4 Bedroom 3.5 Bathrooms 3,042 Square Feet
The Tidewater 4 Bedroom 5 Bathrooms 3,464 Square Feet
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*Effective 11/07/2017 and subject to change at any time. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. Florida Registered Building Contractor License #RB29003307 | D.R. Horton is an equal housing opportunity builder. Contact an Emerald Homes sales representative for details on available home and community details. Š 2017 D.R. Horton, Inc.
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Your Solar Connection!
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Doug Herrick – Florida Certified Solar Contractor (CVC56921)
Pensacola Magazine
75
Patrice Vieux
...is the name to remember when it comes to your real estate needs! Whether you are buying or selling, she is the one to call!
Patrice is the only Realtor who can truly give you a better “VIEW” of Realty!
512-5118 • 261-0697 abettervieuxofrealty@gmail.com
TANI GODFREY, REALTOR® Broker/Owner Pennacle Properties Inc.
Pennacle Properties
Residential & Investment Real Estate
850-723-8140
tani@pennacleproperties.com pennacleproperties.com
Lot 13A Manor Circle
Gated Community in Gulf Breeze with 31 total home sites, sidewalks and underground utilities. $128,000 • MLS 524803 • 105 x 135 • .33 acres NEED HELP SELLING YOUR HOME/CONDO/LAND?? See the SOLD 2017 listings below:
5 Portofino Dr. #1809 Pensacola Beach SOLD in 3 Days for $498,000 999 Ft. Pickens Rd #303 Pensacola Beach SOLD in 3 Days for $419,000 22 Via de Luna #707 Pensacola Beach SOLD in 5 days for $480,000 4840 Manolete NE Pensacola SOLD in 7 Days for $589,500 3 Portofino Dr. #501 Pensacola Beach SOLD in 7 Days for $925,000 6275 Clear Creek Rd Milton (Whiting Field area) SOLD in 17 Days for $535,000 76 Pensacola Magazine
On the Market
Top Trends
for the 2018 Housing Market Identified In the real estate market, springtime is go time. It’s the busiest time of the year for home sales, and with this year’s stable economy and low unemployment rate, the spring of 2018 has the potential to be especially active. Every market is defined by its trends, and while each year is different, identifying these trends early on can be a useful tool for buyers, sellers and agents to navigate the upcoming market and secure the best long-term solution for themselves or their clients. With that in mind, here are a few top real estate trends to watch for in 2018, according to the real estate experts at RE/MAX. 1. Generations on the move The shift in home buying preferences is more than just an individual choice; it’s a generational one. Two of the nation’s largest generations are suddenly competing with one another in the real estate market. Millennials have come of age, so to speak, and they’re starting to abandon their condos in the city for single-family starter homes in the suburbs to raise their families. This shift has put them in direct competition with baby boomers, who are looking to downsize to something smaller that meets the needs of their new lifestyle. With these two groups looking for similar housing, well-maintained single-family homes are expected to go very quickly in 2018. 2. Inventory is tightening While the spring will be flush with buyers, it remains to be seen if sellers will follow suit. The fall of 2017 proved to be sluggish in regard to the number of homes available for sale; in fact, total housing inventory was down 13.4 percent in October 2017 compared to the same time the year before, according to the RE/MAX National Housing Report. The report also found that only three of the 53 metropolitan areas reported being in a buyer’s market or having an even balance. For the rest
of the country, sellers seem to have the advantage. Will that change in the spring? It may, but buyers should be prepared for a market where they will have to be aggressive to purchase the home they want. 3. Housing policies have shifted The presidential election in November 2016 and local elections from this past fall both have implications on housing policy. Adjustments to tax rates, the growth or decline of suburban options and zoning ordinance changes may all impact the markets where consumers are shopping. To better understand how these changes may affect the housing search in a given area, potential homebuyers should contact a licensed real estate agent who understands the latest housing policies and how those policies will affect a potential home sale. 4. Technology is king Like most other industries, real estate today is profoundly affected by the advent of technology. Homebuyers and sellers can go online or use apps to access information about a house or the market like never before, and virtual walk-throughs allow a buyer to enter a prospective home for the first time with few surprises. For buyers and sellers, technology has the potential to reward those who do their homework and make the most of digital options before deciding how to use their precious time. Navigating the 2018 market requires expert advice The 2018 market will be dictated largely by what takes place in the spring, and the trends above figure to play a prominent role in most home sales and listings across the country. Every market contains its own subtle nuances, but homebuyers and sellers everywhere will benefit from the expertise of an experienced real estate agent, one who can help them capitalize on these latest trends and leave the 2018 market with everything they ever wanted and more.
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Sherlyn Waghalter BROKER/OWNER
(850) 449-4242 wwww.DiscoverNorthwestFlorida.com | swaghalter@remax.net Sherlyn Waghalter is a name you can trust in today’s real estate market. With seventeen years of local experience and over $200 million in sales, she has the knowledge to assist with your next real estate decision. Sherlyn is one of the leading RE/MAX agents in the state of Florida.
Some of the homes Sherlyn sold in 2017...She can sell yours in 2018! SOLD
18 CALLE HERMOSA-PENSACOLA BEACH 4BD / 4.5 BATH, 6,200 SF SOLD ON 5/31/2017 $2,400,000
SOLD
119 HIGHPOINT DR-GULF BREEZE 4BD / 3.5 BATH, 3,697 SF SOLD ON 3/16/2017 $710,000
SOLD
SOLD
210 ARIOLA DR-PENSACOLA BEACH 4BD / 4 BATH, 4,074 SF SOLD ON 8/01/2017 $ 1,720,000
SOLD
1 PORTOFINO DR #2001-PENSACOLA BEACH
3BD / 3.5 BATH, 2,033 SF SOLD ON 4/19/2017 $ 832,500
SOLD
SOLD
13 SEASHORE DR-PENSACOLA BEACH 5BD / 4 BATH, 3,728 SF SOLD ON 11/17/2017 $1,399,000
SOLD
297 PLANTATION HILL RD-GULF BREEZE 4BD / 4 BATH, 4,119 SF SOLD ON 10/31/2017 $680,000
SOLD
965 AQUAMARINE DR-GULF BREEZE 4BD / 2 BATH, 2,030 SF SOLD ON 6/16/2017 $430,000
421 CANTERBURY LN-GULF BREEZE 3BD / 2.5 BATH, 3,009 SF SOLD ON 12/11/2017 $490,000
1013 WINDCHIME WAY-PENSACOLA 3BD / 3 BATH, 2,357 SF SOLD ON 8/22/2017 $392,500
BROUGHT BUYER
BROUGHT BUYER
BROUGHT BUYER
18 TRISTAN WAY-PENSACOLA BEACH 4BD / 3.5 BATH, 2,800 SF SOLD ON 6/09/2017 $955,000
25 GALVEZ CT-PENSACOLA BEACH 4BD / 3.5 BATH, 3,643 SF SOLD ON 3/17/2017 $ 1,000,000
489 DEER POINT DR-GULF BREEZE 4BD / 3.5 BATH, 4,161 SF SOLD ON 12/11/2017 $1,325,000
SOLD
7485 GULF BLVD-NAVARRE 4BD / 3.5 BATH, 3,400 SF SOLD ON 6/08/2017 $1,170,000
SOLD
4201 SOUNDSIDE DR-GULF BREEZE 4BD / 3.5 BATH, 3,709 SF SOLD ON 2/28/2017 $660,000
SOLD
2513 ABBIE ELIZABETH CT-GULF BREEZE 4BD / 4 BATH, 3,271 SF SOLD ON 6/30/2017 $480,000
BROUGHT BUYER
18 VIA DELUNA DR-PENSACOLA BEACH 4BD / 4.5 BATH, 3,971 SF SOLD ON 6/14/2017 $2,000,000 Pensacola Magazine 79